March 22, 2023

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You can deposit LIC premium in a few clicks from your mobile
Premium can be paid through LIC Pay Direct app or LIC website
Premium can also be paid through apps like Paytm, PhonePe or GooglePay, Amazon

New Delhi. If you find it difficult to pay your LIC premium by going directly to the branch, now you can get relief from it by paying online. Life Insurance Corporation of India (LIC) has made available some online options to its policyholders to pay the premium. You can deposit the premium of your LIC policy sitting at home. Let’s know the process..

Now apart from LIC Pay Direct app or LIC website, you can deposit LIC policy premium sitting at home through popular payment apps like Paytm, PhonePe or Googlepay, Amazon. To deposit the premium from LIC’s website, you must first go to www.licindia.in. After this you will see ‘Pay Direct’ written here where you can pay the premium even without login.

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How to pay LIC premium through Paytm
>> First open the Paytm App.
>> LIC India option will be available. Click on that.
>> LIC policy number has to be filled and rest of the details will come automatically.
>> Now click on the option of Proceed For Payment.
>> After this choose the payment option. Your premium will be credited.

Also read- What is the claim settlement ratio of health and general insurance company? Must know before buying the policy

How to pay LIC premium through PhonePe
>> First open the PhonePe App.
>> Insurance premium payment option will be available and will have to be clicked on it.
>> Select LIC premium payment option. Enter your LIC number and email id and hit the confirm button.
>> After this choose the payment option. Your premium will be credited.

Tags: business news, business news in hindi, Insurance, Life Insurance, Life Insurance Corporation of India (LIC)

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